# Understanding Strategy

Each trade has a Budget and token pair, i.e. Invest Token and Stable Token.

* **Stable Token** is the quote token for the user's investment.
* **Invest Token** is the base currency that the user wants to invest in.
* **Budget** is the total notional value specified for the trade.

## Trade Configuration 

A strategy consists of creating trades entering three possible configurations: buy, sell and floor.

* **Buy** represents when to buy tokens.
* **Sell** indicates the target price to secure profits. 
* **Floor** serves as the level to stop trading, cancel strategy or prevent loss.

## Flexibility

Fyda provides users with a robust framework for creating a diverse range of trading strategies. It's intuitive platform enables the creation of advanced strategies that cater to individual preferences. Explore dynamic order execution options, fine-tune entry and exit points, and leverage different order types to optimize your trading experience.

## Execution of Strategy

Fyda operates a monitoring bot that triggers transactions. The smart contract executes the token swap between the designated token pair when the market price matches the specified numerical values in the predefined strategy.